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Retail Research 26th April 2019

Adani Ports and Sp. Eco. Zone Ltd. Buy: Rs391.8 | Target: Rs411.3 | SL: Rs381.5

Company Name Open High Low Close S3 S2 S1 PIVOT R1 R2 R3

Adani port 388.4 394.0 384.3 391.8 376.0 380.0 386.0 390.0 396.0 400.0 406.0

Clients are advised to partially exit the position on gains of +3% from the recommended price.

GAIL (India) Ltd. Buy: Rs353.4 | Target: Rs371.1 | SL: Rs344.0

Company Name Open High Low Close S3 S2 S1 PIVOT R1 R2 R3

Gail 351.3 355.3 331.7 353.4 315.0 323.0 338.0 347.0 362.0 370.0 386.0

Clients are advised to partially exit the position on gains of +3% from the recommended price.
Weekly Techno Calls Retail Research

ITC Ltd. Buy: Rs304.6 | Target: Rs319.8 | SL: Rs296.5

Company Name Open High Low Close S3 S2 S1 PIVOT R1 R2 R3

ITC 303.9 309.8 298.5 304.6 287.0 293.0 299.0 304.0 310.0 316.0 321.0

Clients are advised to partially exit the position on gains of +3% from the recommended price.

HDFC Ltd. Buy: Rs1977.4 | Target: Rs2076.3 | SL: Rs1927.0

Company Name Open High Low Close S3 S2 S1 PIVOT R1 R2 R3

HDFC 2005.0 2010.0 1929.6 1977.4 1854.0 1892.0 1935.0 1972.0 2015.0 2053.0 2095.0

Clients are advised to partially exit the position on gains of +3% from the recommended price.

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Kotak Mahindra Bank Ltd. Buy: Rs1378.0 | Target: Rs1446.9 | SL: Rs1343.0

Company Name Open High Low Close S3 S2 S1 PIVOT R1 R2 R3

Kotak Bank 1360.0 1384.0 1339.7 1378.0 1306.0 1323.0 1350.0 1367.0 1395.0 1412.0 1439.0

Clients are advised to partially exit the position on gains of +3% from the recommended price.

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Mahantesh Sabarad B. E. MMS Head-Retail Research
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Janhvee Mishra M.com Research Analyst - Equity Technical

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